TechFlow reported on March 20 that, according to official announcements, the blockchain storage protocol Walrus will officially launch its mainnet on March 27 and has unveiled its token economics model. Over 60% of the WAL tokens will be allocated to the community for airdrops, grants, developer support, incentive programs, and storage subsidies. The specific distribution is as follows:
-
10% - Walrus user airdrop: allocated to early adopters, with provisions reserved for future distributions;
-
43% - Community reserve: for grants, developer support, incentive programs, and other ecosystem initiatives;
-
30% - Core contributors: allocated to early builders of Walrus;
-
10% - Subsidies: to support storage nodes as fee revenue grows;
-
7% - Investors: allocated to investors participating in funding rounds.
Previous report, the Walrus Foundation announced it had raised $140 million in funding, backed by Standard Crypto and a16z.
